home · filing · 0001493152-23-028854
8-K
filed August 15, 2023, 7:59 PM ET
ticker CIMG
CIK 0001527613
leadership
confidence high
sentiment neutral
materiality 0.55
NuZee appoints Randell Weaver as CFO; base salary $225,000 plus equity awards
CIMG Inc.
Appointed Randell Weaver as CFO effective August 11, 2023; he has over 30 years experience including three prior public company CFO roles.
Employment agreement provides $225,000 annual base salary and target annual bonus of 50% of base salary.
Initial equity award: options to purchase 6,000 shares and 6,000 restricted shares, each vesting over three years.
Severance: one times base salary plus prorated bonus if terminated without cause; change in control triggers 1.5 times.
Executive movements
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Appointed
Randell Weaver
Chief Financial Officer
Effective 2023-08-11
Filed August 15, 2023, 7:59 PM ET
appointed Randell Weaver to be the Company’s new Chief Financial Officer, effective immediately.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randell Weaver was appointed as Chief Financial Officer at CIMG Inc..
Action appointed
Role Chief Financial Officer
Exact text from the filing
appointed Randell Weaver to be the Company’s new Chief Financial Officer, effective immediately.
View on SEC.gov
Source: SEC EDGAR
accession 0001493152-23-028854
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